Daily Chemical Reaction
Smokestack Lightning – PPI Surge Foretells Future CPI Strength; Demand Faces Shock Treatments
- Producer price hikes have outpaced consumer prices YTD, which suggests higher consumer prices in 2Q22 and falling end-product affordability. We add to our inflation views before the 1Q22 earnings season gets underway.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., LyondellBasell, Viva Energy, H.B. Fuller, ADM, Wanhua, Cleco & others).
- We discuss relevant ESG items, ranging from EU CO2 values holding up following their rise from March lows to sector sustainability target updates. We also highlight our latest ESG sector dedicated weekly research in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams